We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
HMRC Simple Assessment
Comments
-
Are you saying that what is "basics" to you means it'sitsthelittlethings said:
Tax can get very complex but thinking you should be earning 44k on PAYE then take as many pension withdrawals as you like and only be charged at 20% demonstrates a lack of awareness of even the basics.UnsureAboutthis said:
Exactly that. Tax is a complex animal. Millions don'tposeidon1 said:
But in all fairness to the OP, neither does the majority of the working population.itsthelittlethings said:I don’t think you fully understand how tax works.
Those who take time and effort to research and understand the system are a small minority. I am still amazed at the misapprehension held by some people, that moving into higher rate tax means one's entire income is taxed at 40% or above.
understand the full workings of this, anything for that matter.
People post here to seek help/advice/guidance/recommendations and
99.9% will then add a bit more of their own research to reach their
goal, having a better grasp on this.
My tax returns does my head in, I just pay, and this year, I noted the
tax people owned me money when I logged into the self-assessment.
As I said, tax is a very complex animal and even
Accountants can seek advice
basic for everyone else? If so, then I have nothing else to add
as most of the others will be aware that this is not the case.
As I said, tax is a complex animal and nothing "basics" about it to
many.0 -
HMRC " Simple" Assessment ? I think not !!0
-
There speaks a man who has never had to do a self assessment tax return.brewerdave said:HMRC " Simple" Assessment ? I think not !!
And for the record when they started sending me Simple Assessments as well I had exactly the same reaction as you. They were trying to tax me twice on the same income.0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards